President’s Budget Proposes Slashing Commerce Department Funds

The Commerce Department would receive $7.9 billion in fiscal year 2021 under the president’s proposed budget, a 48% decrease from the FY 2020 enacted level.

Commerce’s International Trade Administration would receive $485 million—a drop from the FY 2020 enacted level of $521 million. Some $16 million of the ITA funds would be set aside for dumping and subsidy cases related to China.

The International Trade Administration promotes U.S. exports, helps shape trade policy, and enforces U.S. trade laws and agreements.

For Commerce’s Bureau of Industry and Security, the budget proposes $137 million—an increase from the $127 million enacted in FY ...